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In a region which has shown both extensive investment and increased instability over the past few years, MEA merits a significant degree of technically minded and industry-focused coverage.
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Iranian petrol consumption grows by 7.4%
National Iranian Oil Products Distribution Company (NIOPDC) head Keramat Veis Karami revealed this week that Iran’s petrol consumption has grown 7.4% when compared to 2024.
UK and Iraq sign GBP12.3bn partnership deal
The UK and Iraq will sign strategic partnership and security agreements during Iraqi Prime Minister Mohammed Shia' Al-Sudani's visit to London on January 14.
NNPCL set to modernise Port Harcourt, Kaduna refineries
The Nigerian National Petroleum Company Ltd. (NNPCL) has said that it plans to undertake a comprehensive overhaul of 210,000 barrels per day (bpd) Port Harcourt and 125,000 bpd Warri.
Iran’s petchem export income takes tumble amid sanctions
Iran’s revenue from petrochemical exports is expected to take a nosedive for the third consecutive year.
KPC to fund pipelines to support oil output
State-owned Kuwait Petroleum Corp. (KPC) plans to invest KWD2.2bn ($6.6bn) in developing pipelines to boost oil production capacity.
DMEA: Ras Tanura, Yanbu under threat from sea level rise
Saudi Arabia enacts new petroleum and petrochemicals law
Dangote refinery retains 13% of Nigeria's crude oil in 2024
Warri Refinery comes back online
Nigeria’s 120,000 barrels per day Warri Refinery – known as the Warri Refinery and Petrochemicals Co. (WRPC) – has started the production of diesel and kerosene.
Saudi Arabia's Ras Tanura, Yanbu under threat from sea level rise
Analysis carried out by the Internation Cryosphere Climate Initiative (ICCI) has shown that many of the world’s largest oil terminals are under threat from sea level rise, with a catastrophic sea level rise of one metre likely to occur by 2070.
SERAP threatens NNPCL with legal action over missing funds
Nigeria’s Socio-Economic Rights and Accountability Project (SERAP) has asked the Nigerian National Petroleum Co. Ltd.’s (NNPCL) CEO Mele Kyari to account for alleged missing funds.
SOCAR Türkiye plans to invest $7bn in building additional Petkim petrochemical plants
Aramco considers new oil refinery in Bangladesh
Saudi Aramco’s Ambassador to Bangladesh Essa Youssef Essa Al Duhailan said on January 5 that Aramco was keen to construct a new oil refinery in the country that would help supply domestic and regional markets in the area.
Sudan lifts force majeure on oil exports
Sudan has lifted its 10-month force majeure on oil exports through pipelines moving oil from South Sudan to Port Sudan on the Red Sea coast, a Reuters report revealed on January 6.
DMEA: Duqm petchem study to be completed in 2025
Iraqi cabinet signs off on Basrah-Haditha pipeline
The Iraqi cabinet has sanctioned the Basrah-Haditha oil pipeline project
Ghana’s LPG consumption rises amid economic recovery
Dangote refinery increases petrol exports
650,000 barrels per day (bpd) Dangote Refinery has begun exporting petrol to other African countries including Angola, Cameroon, South Africa and Ghana over the past few weeks.
Duqm petrochemical complex feasibility study to be completed in 2025
A feasibility study for the construction of the Duqm petrochemical complex – located in Oman’s Duqm Special Economic Zone (SEZ) – is now expected to be completed in 2025.
Nigerian CNG adoption sees slight decline
Nigeria’s Presidential Initiative on Compressed Natural Gas (Pi-CNG) – aimed at increasing the use of Compressed Natural Gas (CNG) across the country – has recorded a general reduction in adoption numbers in some states.
Tinubu, Kyari praised for reinstating Port Harcourt refinery
Nigeria’s Forum of Civil Society Organisations (FCSO) has praised President Bola Tinubu and the Nigerian National Petroleum Co. Ltd.’s (NNPCL) CEO Mele Kyari for rehabilitating the country’s 210,000 barrels per day (bpd) refinery.
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